| Schedule of Investment Fund's Investment Portfolio |
The composition of the Fund’s investment portfolio at cost and fair value was as follows:
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September 30, 2026 |
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December 31, 2025 |
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Cost |
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Fair Value |
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% of Total Investments
at Fair Value |
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Cost |
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Fair Value |
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% of Total Investments
at Fair Value |
|
First Lien Debt |
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$ |
1,636,113,455 |
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$ |
1,622,205,478 |
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96.3 |
% |
|
$ |
1,639,776,304 |
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$ |
1,600,336,929 |
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97.6 |
% |
Unsecured Debt |
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649,750 |
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|
645,875 |
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0.0 |
% |
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128,340 |
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103,631 |
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0.0 |
% |
Equity |
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46,918,913 |
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51,324,963 |
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3.0 |
% |
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18,862,283 |
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20,153,337 |
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1.2 |
% |
Mutual Funds |
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12,597,484 |
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12,597,484 |
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0.7 |
% |
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19,087,624 |
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19,087,624 |
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1.2 |
% |
Total Investments |
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$ |
1,696,279,602 |
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$ |
1,686,773,800 |
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100.0 |
% |
|
$ |
1,677,854,551 |
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|
$ |
1,639,681,521 |
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|
100.0 |
% |
|
| Schedule of Industry and Geographic Composition |
The industry composition of investments at fair value was as follows:
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September 30, 2026 |
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December 31, 2025 |
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Health Care Services |
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23.9 |
% |
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22.5 |
% |
Application Software |
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9.6 |
% |
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11.5 |
% |
Diversified Support Services |
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7.9 |
% |
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8.9 |
% |
Paper & Plastic Packaging Products & Materials |
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6.1 |
% |
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5.9 |
% |
Trading Companies & Distributors |
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4.7 |
% |
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4.4 |
% |
Industrial Machinery & Supplies & Components |
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4.1 |
% |
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3.9 |
% |
Specialized Consumer Services |
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4.0 |
% |
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6.7 |
% |
Packaged Foods & Meats |
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3.8 |
% |
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3.6 |
% |
Air Freight & Logistics |
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3.3 |
% |
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5.0 |
% |
Soft Drinks & Non-alcoholic Beverages |
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3.3 |
% |
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3.4 |
% |
Health Care Technology |
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3.2 |
% |
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2.0 |
% |
Life Sciences Tools & Services |
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3.0 |
% |
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2.8 |
% |
Automotive Parts & Equipment |
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3.0 |
% |
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1.4 |
% |
Aerospace & Defense |
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2.7 |
% |
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1.3 |
% |
Diversified Financial Services |
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2.2 |
% |
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0.9 |
% |
Data Processing & Outsourced Services |
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2.0 |
% |
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2.1 |
% |
Electrical Components & Equipment |
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1.9 |
% |
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0.5 |
% |
Health Care Facilities |
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1.8 |
% |
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2.0 |
% |
Electronic Components |
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1.7 |
% |
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1.6 |
% |
Environmental & Facilities Services |
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|
1.0 |
% |
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|
0.8 |
% |
Research & Consulting Services |
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|
1.0 |
% |
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1.0 |
% |
IT Consulting & Other Services |
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0.9 |
% |
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1.0 |
% |
Education Services |
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0.9 |
% |
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0.0 |
% |
Advertising |
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0.8 |
% |
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0.2 |
% |
Mutual Funds |
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0.7 |
% |
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|
1.2 |
% |
Automotive Retail |
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0.5 |
% |
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0.0 |
% |
Technology Hardware, Storage & Peripherals |
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0.4 |
% |
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0.0 |
% |
Insurance Brokers |
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0.4 |
% |
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0.3 |
% |
Health Care Supplies |
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0.3 |
% |
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0.2 |
% |
Building Products |
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0.3 |
% |
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0.1 |
% |
Office Services & Supplies |
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0.3 |
% |
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0.4 |
% |
Food Distributors |
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0.2 |
% |
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0.0 |
% |
Specialty Chemicals |
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0.1 |
% |
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0.1 |
% |
Human Resource & Employment Services |
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0.0 |
% |
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0.0 |
% |
Construction & Engineering |
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0.0 |
% |
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0.0 |
% |
Specialized Finance |
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0.0 |
% |
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0.0 |
% |
Pharmaceuticals |
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0.0 |
% |
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3.0 |
% |
Electronic Manufacturing Services |
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0.0 |
% |
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|
1.3 |
% |
Total |
|
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100.0 |
% |
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|
100.0 |
% |
Amounts shown as 0.0% in the above table may represent values of less than 0.05%. The geographic composition of investments at fair value was as follows:
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September 30, 2026 |
|
|
December 31, 2025 |
|
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Fair Value |
|
|
% of Total Investments
at Fair Value |
|
|
Fair Value as % of
Net Assets |
|
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Fair Value |
|
|
% of Total Investments
at Fair Value |
|
|
Fair Value as % of
Net Assets |
|
United States |
|
$ |
1,651,642,486 |
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|
|
97.9 |
% |
|
|
205.4 |
% |
|
$ |
1,608,084,129 |
|
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98.1 |
% |
|
|
205.5 |
% |
Australia |
|
|
30,407,948 |
|
|
|
1.8 |
% |
|
|
3.8 |
% |
|
|
31,078,536 |
|
|
|
1.9 |
% |
|
|
4.0 |
% |
Canada |
|
|
4,723,366 |
|
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|
0.3 |
% |
|
|
0.6 |
% |
|
|
518,856 |
|
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0.0 |
% |
|
|
0.1 |
% |
Total |
|
$ |
1,686,773,800 |
|
|
|
100.0 |
% |
|
|
209.8 |
% |
|
$ |
1,639,681,521 |
|
|
|
100.0 |
% |
|
|
209.6 |
% |
|